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Why do you think that in the last 2 years, the Number of Instant Loan Startups have skyrocketed, and also almost every company have started to provide loans? Like what happened in this period that have helps these companies dicide whom to give loans

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Anonymous

Anonymous 1

Stealth • 4m

I think a big factor has been the advancement in AI and machine learning technologies. These tools have made it much easier for companies to quickly assess creditworthiness using alternative data sources. Plus, the pandemic probably accelerated the demand for quick, easy loans

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